Current Attempt in Progress A tabular analysis of the transactions made during August 2025 by Wolfe Company during its first month of operations is shown below. Each increase and decrease in stockholders' equity is explained. 1. 2. 3. 4. 5. 6. 7. Cash $20,000 -1,000 -750 4,100 -1,500 -2,000 -800 A/R Assets $5,400 + Supp. $750 + Equip. $5,000 = = Liabilities + Accounts Payable $4,000 -1,500 + Common Stock $20,000 + Stockholders' Equity Revenues $9,500 Retained Earnings Expenses -$800 Div 4

A tabular analysis of the transactions made during August 2025 by Wolfe Company during its first month of operations is shown below. Each increase and decrease in stockholders' equity is explained. A tabular analysis of the transactions made during August 2025 by Wolfe Company during its first month of operations is shown below. Each increase and decrease in stockholders' equity is explained